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Who needs an ATM skimmer when you can snare checks from mail boxes?
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Comments
Millennial here...
What's a check?
A method of transferring money
without giving $35 to paypal
Also a millenial
And I've never had a landlord that accepted any form of payment besides a personal check.
I write very few of them, but my husband and I do have to do so on occasion.
I use my bank's online bill-pay system
which will start out sending out paper checks to recipients, but I think will urge them to sign up for electronic deposit eventually.
My tenants...
pay by PayPal, direct transfer to my account and bank check. It's not ideal, but I get paid (and no fees to be paid by me).
Banks
Yeah but these idiot criminals do not realize that the laws surround check fraud are much harsher than credit cards. Since checks are a much older system, like almost a century, the laws have kept up with checks.
Most banks now will give you an option to pick up the checks at a branch than having them mailed due to theft.
Fun Factoid: in terms of identity theft, writing a check WORST thing you can do. All your information is right on the check, and the controls on EFTs are much less than credit cards. It's very easy to have theft with checks. Very easy.
Yup
I remember the Old Days when writing a check meant some poor clerk writing down everything on it, including the driver's license number.
More than once I saw checks where people had tried to speed up the process by having that stuff pre-printed along with their name and address. I once saw one pre-printed with driver's license and social security numbers.
When I was in the Army,
When I was in the Army, having SSN on your checks was pretty common. It's the only way you could use on on post.
Forget banks
Screwing with the USPS is a federal crime, and they don't take it lightly...